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American System Now - A resource for re-establishing the American System of Political Economy

Latest Posts

Part of Bethleshem Steel, once a premier American producer, now demolished for a gambling casino. (Wikicommons)

An American System Economic Scorecard

By Nancy Spannaus Nov. 8, 2019—The coincidence of recent extravagant claims about the sterling performance of the American economy (highest stock market ever, lowest unemployment rates, etc.) and the persistent decline of key demographic indicators (increased mortality rate, increasing rates of suicide and other deaths of despair), should provoke some […]

by November 8, 2019 History, News
The Wall Street bull

Wall Street Speculators Out of Control!

Hamilton Denounced  “Unprincipled Gamblers” By Nancy Spannaus Oct. 31, 2019—The Oct. 28 column in Wall Street on Parade revealed new evidence of the way in which Wall Street speculation, especially by JPMorgan Chase, is threatening the U.S. financial and economic system. I quote: But here’s the shocking news. According to […]

by October 31, 2019 Commentary, News
An image of slavery in Kentucky. Under Hamilton's system, this oppression would end.

Hamilton’s Economics Aimed to End Slavery

By Nancy Spannaus October 23, 2019—Growing publicity for the off-Broadway play “The Haunting of Lin-Manuel Miranda,” which seeks to rebut the presentation of Alexander Hamilton as an abolitionist, has inspired me to write my own rebuttal. I assert that Alexander Hamilton’s economics aimed to end slavery, from the very beginning, […]

by October 23, 2019 Commentary, News
A Readjuster flyer in 1882.

New History Bulletin Introduces the “Readjusters”

History Does Not Come in Black and White By Nancy Spannaus Oct. 11, 2019—The first issue of the revived Bulletin of Loudoun County History is a “must-read” for those seriously committed to achieving racial harmony in the United States. Three of the articles in the yearly journal focus on the […]

by October 17, 2019 History, News
Leonard da Vinci self-portrait

Our Enduring Debt to Italy

A Reflection on the Occasion of Columbus Day By Nancy Spannaus Oct. 14, 2019—The image of Christopher Columbus braving the dangerous, unknown seas until discovering land in the islands off America has long inspired patriots of the United States. From the earliest days of our republic, his name has been […]

by October 14, 2019 Commentary
FDR signing Glass-Steagall in June 1933.

The New Urgency for Glass-Steagall

By Nancy Spannaus Oct. 13, 2019—If one is to take the actions of the Federal Reserve since Sept. 17 into account, the United States banking system (and perhaps the global one) has already entered into a new systemic crisis. The Fed is issuing tens of billions of dollars a day […]

by October 13, 2019 Glass-Steagall, News
The Fuyao company, subject of "American Factory"

“American Factory:” Where’s American Capital?

By Nancy Spannaus Oct. 8, 2019—What happens when a Chinese company takes over an abandoned American factory in the Midwest? That’s the subject of the Netflix film American Factory, which was shown yesterday at the headquarters of the Alliance for American Manufacturing (AAM), AAM President Scott Paul noted that the […]

by October 8, 2019 Commentary, News
Professor Joanne Freeman, author of Fields of Blood

Putting Today’s Partisanship in Perspective

A Report on Joanne Freeman’s Talk on Her Book Fields of Blood: Violence in Congress and the Road to Civil War By Nancy Spannaus October 4, 2019—When she began researching her book Fields of Blood 17 years ago, Yale professor Joanne Freeman did not have a crystal ball to predict […]

by October 4, 2019 History, News
Leaking pipes like this are also often contaminated with lead.

Contaminated Water Crisis Surfaces in Chicago

By Angela Vullo October 3, 2019–On September 23, 2019, Illinois State Representative Mary Flowers called for an emergency hearing in Chicago to determine the causes of lead contamination in the city’s drinking water. Chicago has now joined Flint, Newark, and many other American cities in exposing the deadly threat of […]

by October 3, 2019 Infrastructure, News
The author at Cascades Public Library, Sept. 30.

Debate on Hamilton’s Economics Begins

By Nancy Spannaus Oct. 2, 2019—My series of book talks on my book Hamilton Versus Wall Street: The Core Principles of the American System of Economics has begun, and hopefully it’s just the beginning of growing process of public debate. The American people have to be educated on the American […]

by October 2, 2019 History, News